Detailed Analysis

Guangzhou R&F Properties Co., Ltd. (Stock code: 2777) has released its unaudited operating statistics for March 2026. The Group recorded total contracted sales of approximately RMB 1.44 billion for the month, with a total GFA of 163,800 sq.m. sold. These figures bring the Group’s cumulative contracted sales for the first quarter of 2026 to approximately RMB 2.91 billion and total cumulative GFA sold to 316,000 sq.m.

The sales data is based on preliminary internal information and remains unaudited. Investors should be aware that these numbers may differ from the figures disclosed in the audited or unaudited consolidated financial statements, as they are subject to adjustments and uncertainties during the final collation process. The company specifically notes that the provided statistics are intended for reference only.

Key Points for Shareholders

• Potential Price Sensitivity: The company’s March sales performance and the cumulative first-quarter results are significant indicators of operating momentum. Any deviations from expectations in the final audited figures, or substantial changes in the sales trajectory, could have a direct impact on investor sentiment and the share price.
• Unaudited Data: Shareholders should note that the disclosed sales statistics have not yet been audited and may be subject to revision. This introduces a degree of uncertainty, and investors are advised not to place undue reliance on the preliminary numbers.
• Advisory Note: The company urges investors to exercise caution when dealing in its securities and to consult professional or financial advisors in case of doubt.

Corporate Governance Update

The Board of Directors remains unchanged, with Dr. Li Sze Lim, Mr. Zhang Hui, Mr. Xiang Lijun, and Mr. Zhao Feng serving as executive directors. Non-executive directors include Ms. Zhang Lin and Ms. Li Helen, while independent non-executive directors are Mr. Zheng Ercheng, Mr. Ng Yau Wah, Daniel, and Mr. Wong Chun Bong.

This announcement was issued in Hong Kong on 17 April 2026 by Company Secretary Michael Lee.

Investor Guidance

Given the unaudited status of the operating statistics and the inherent uncertainties of preliminary financial data, investors should closely monitor forthcoming audited or semi-annual reports for confirmation of these figures. Any major revisions could impact the company’s market valuation and share performance.

Disclaimer: The information in this article is based on unaudited preliminary figures released by Guangzhou R&F Properties Co., Ltd. Actual results may differ. This article does not constitute investment advice. Investors are encouraged to seek independent professional advice before making any investment decisions.

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